Transaction Advisory · Pan-India

Celebrating
Desiness
Across Every Vertical

India Gully is India's premier multi-vertical advisory firm, bringing institutional rigour to Real Estate, Retail, Hospitality, Entertainment, Debt & HORECA Solutions.

India Gully Advisory
Active Mandate · Chandigarh · ₹70 Cr · Seller Mandated

Hotel Rajshree
& Spa.
Chandigarh.

41-key boutique hotel & spa in Chandigarh's prime Industrial Area Phase I. Premium spa, restaurant, bar & conference facilities. Strong RevPAR. Active asset sale mandate.

Hospitality Asset Sale
Heritage Asset · Kasauli · ₹45 Cr · ITC WelcomHeritage

WelcomHeritage
Santa Roza.
Kasauli, Himachal Pradesh.

Luxury heritage resort under ITC WelcomHeritage brand. 44 keys across 2 acres at pine forest elevation. Victorian architecture. Nirvana restaurant, Aviary bar, spa & plunge pool.

Heritage Hospitality
Mountain Resort · Chail, HP · ₹30 Cr · Owner Direct

Maple Resort
Chail.
2,515 Metres. Himalayas.

Premium boutique mountain resort with 30 keys perched at 2,515 metres in the Himalayas. Pine and maple forests, panoramic views. Established guest base. Immediate cash flows.

Mountain Boutique Resort
HORECA Solutions · Pan-India · 500+ SKUs

Complete Supply
Chain.
Hotels & F&B Operators.

India Gully's HORECA division delivers FF&E, OS&E, kitchen equipment, linen, uniforms and guest amenities across 15+ hotel properties, on spec and on schedule.

HORECA Procurement
Scroll
Real Estate AdvisoryTransaction AdvisoryRetail Leasing StrategyHotel Management AdvisoryEntertainment DestinationsDebt & Special SituationsHORECA SolutionsBrand On-BoardingFinancial FeasibilityProject ManagementAsset ManagementGreenfield HotelsMall LeasingFF&E Procurement₹1,165 Cr+ Pipeline15+ Hotel Projects35+ Retail BrandsPan-India Presence Real Estate AdvisoryTransaction AdvisoryRetail Leasing StrategyHotel Management AdvisoryEntertainment DestinationsDebt & Special SituationsHORECA SolutionsBrand On-BoardingFinancial FeasibilityProject ManagementAsset ManagementGreenfield HotelsMall LeasingFF&E Procurement₹1,165 Cr+ Pipeline15+ Hotel Projects35+ Retail BrandsPan-India Presence
₹1,165 Cr+
Advisory Pipeline
Active mandates under advisory
15+
Hotel Projects
Pre-opening & PMC mandates
30+
Retail Brand Partners
Leasing & franchise advisory
20+
Hospitality Brands
Management & on-boarding
Pan-India
Operations Reach
Tier 1, 2 & 3 cities
CERT-In Compliant OWASP Top-10 Secure EY Co-Advisory Partner ₹1,165 Cr+ Active Pipeline 15+ Hotel Projects Executed 35+ Retail Brand Partnerships CBRE Co-Advisory Partner SEBI-Framework Advisory MCA Registered · CIN U74999DL2017PTC323237 Pan-India · Delhi · Chandigarh · Mumbai · Kerala ₹2,000 Cr+ Transactions Advised Established 2017 · 8+ Years Mutual NDA Framework · All Mandates 20+ Hospitality Brand Partnerships CERT-In Compliant OWASP Top-10 Secure EY Co-Advisory Partner ₹1,165 Cr+ Active Pipeline 15+ Hotel Projects Executed 35+ Retail Brand Partnerships
Advisory Partners
🏛️ EY (Ernst & Young)🏢 CBRE India📊 ANAROCK⚖️ Pipara & Co LLP💼 Resurgent India🏨 Sarovar Hotels🏪 CGH Earth🏖️ Mahindra Holidays🏝️ WelcomHeritage🎰 Pride Hotels🍽️ Maple Resorts🏛️ EY (Ernst & Young)🏢 CBRE India📊 ANAROCK⚖️ Pipara & Co LLP💼 Resurgent India🏨 Sarovar Hotels🏪 CGH Earth🏖️ Mahindra Holidays🏝️ WelcomHeritage🎰 Pride Hotels🍽️ Maple Resorts
24h Response All enquiries guaranteed
Mutual NDA before all mandates
CERT-In & OWASP Top-10 compliant
Pan-India · Delhi NCR · Chandigarh · Mumbai

Pan-India Presence

Active Mandates
Across India

India Gully operates across Tier 1, 2 and 3 markets — from Delhi NCR and Mumbai to Kasauli, Chail, Chandigarh and Jaipur. Our active mandates span 8+ cities with ₹1,165 Cr+ in combined advisory value.

Delhi NCR
Gurugram · Noida · Shalimar Bagh
Chandigarh
Hotel Rajshree & Spa
Himachal Pradesh
Kasauli · Chail · Shimla
Jaipur
Heritage Hotel Corridor
Mumbai
BKC · Lower Parel
Bengaluru
Whitefield · MG Road
Andaman Kasauli · Chail ₹75 Cr Chandigarh ₹70 Cr Delhi NCR 3 Mandates · ₹900 Cr Jaipur ₹20 Cr Mumbai Pipeline Bengaluru Pipeline ACTIVE MANDATE LOCATIONS Delhi NCR (₹900 Cr) Chandigarh (₹70 Cr) Himachal (₹75 Cr) Jaipur (₹20 Cr)

Pins show active India Gully advisory mandates · Updated Q1 2026

Why India Gully

The Advisory Partner
Built for India

20+ years of boots-on-the-ground execution across every vertical — not just strategy, but delivery. We are investors' most trusted partner in India's complex advisory landscape.

₹2,000+ Cr Transacted

Landmark transactions including joint advisory with EY for the ₹1,350 Cr+ divestment of Entertainment City Limited — India's largest entertainment sector transaction.

15+ Hotels On-Boarded

Hotel brand selection, pre-opening management and PMC across Marriott, Radisson, Cygnett, Regenta and more — from site selection to first check-in.

1,40,000+ Sq Ft Leased

Premium F&B and retail leasing at Gardens Galleria, Hyatt Andaz, AIPL Joy Street and Entertainment City — India's top retail destinations.

HORECA to 15+ Properties

End-to-end supply of FF&E, OS&E, kitchen equipment and amenities for Mahindra Holidays, Accor, CGH Earth and more across India.

Co-Advisory with EY & CBRE

Trusted by India's top professional service firms as co-advisor on complex, multi-party institutional transactions requiring deep sector expertise.

Pan-India Presence

Active mandates in Delhi NCR, Chandigarh, Kasauli, Chail, Jaipur, Noida, Gurugram, Bengaluru, Mumbai and Kerala — Tier 1 to 3 markets.

Active Mandates

Investment Opportunities
of Institutional Grade

Exclusive mandates across Hospitality, Real Estate, Heritage & Mixed-Use. All strictly subject to NDA.

View All 8 Mandates
₹400 Cr
USD ~48 Mn
Confidential · NDA
Real Estate
NDA
Reference Transaction – Due Diligence Stage Gwalpahari, Gurugram

Prism Tower — Mixed-Use Hospitality & Commercial

Grade-A Mixed-Use · Part of 4-Star Hotel Property · Gurugram

Institutional-grade mixed-use commercial building on Gurgaon-Faridabad Road, part of a 4-star hotel property. 312 keys. Located within 10 km of Sikanderpur Metro with excellent road connectivity. REIT-listing potential.

Room Inventory
312 Keys
Asset Value
₹400 Cr
View Mandate
₹100 Cr
USD ~12 Mn
Confidential · NDA
Hospitality
NDA
Open for Investment – Active Fundraise Delhi NCR & Goa

Belcibo Hospitality Platform

Multi-Brand F&B Platform · Delhi NCR & Goa · Active Fundraise

Scalable multi-brand F&B platform operating across Delhi NCR and Goa. Growth equity mandate seeking strategic capital partner for pan-India rollout. Brands include Informal, Imperfecto, Khubani, Habibi, Begum, Noor, Imperfecto Boutique.

Operating Brands
15+ Outlets
Growth Capital
₹100 Cr
View Mandate
WelcomHeritage Santa Roza, Kasauli
Heritage Hospitality
NDA
₹45 Cr
USD ~5.4 Mn
5 photos · NDA
Asset Sale – Seller Mandated Kasauli, Himachal Pradesh

WelcomHeritage Santa Roza, Kasauli

Luxury Heritage Resort · 44 Keys · ITC WelcomHeritage · Kasauli

Established luxury heritage resort under ITC WelcomHeritage brand across 2 acres in scenic Kasauli at pine forest elevation. Victorian-themed architecture. 44 keys. Nirvana restaurant, Aviary bar, spa & plunge pool.

Room Inventory
44 Keys
Asset Value
₹45 Cr
View Mandate
More Active Mandates
View All
Hotel Rajshree & Spa
Hotel Rajshree & Spa
Chandigarh · Hospitality
₹70 Cr
Asset Sale – Actively Marketing
Heritage Hotel Structure — Jaipur
Jaipur, Rajasthan · Hospitality
₹20 Cr
Structure Sale – Ready for Fit-Out
Maple Resort Chail
Maple Resort Chail
Chail, Himachal Pradesh · Hospitality
₹30 Cr
Asset Sale – Owner Direct
Ambience Tower — Grade-A Adaptive Reuse
Rohini, North Delhi · Real Estate
₹350 Cr
Conversion Opportunity – Technical Feasibility Complete
Sawasdee JLG Galleria — Mixed-Use Hotel & Mall
Noida, NCR · Real Estate
₹150 Cr
Outright Sale – Negotiation Ready

All mandates strictly by Mutual NDA · Information Memoranda available to qualified investors, family offices & institutional buyers upon request

Advisory Verticals

Six Verticals.
One Trusted Partner.

From strategy to execution, India Gully delivers institutional-grade advisory across every sector it operates in. Deep expertise. Proven results.

🏛️

Real Estate

Transaction advisory, site selection & asset management across commercial and hospitality real estate.

Explore
🛍️

Retail & Leasing

Leasing strategy, brand mix, fit-out coordination and anchor structuring for malls and mixed-use destinations.

Explore
🏨

Hospitality

Hotel management, brand on-boarding, pre-opening, PMC and feasibility for hotels across India.

Explore
🎡

Entertainment

Theme parks, FECs, indoor & outdoor entertainment destinations — concept to commissioning.

Explore
⚖️

Debt & Special Situations

Structured debt advisory, distressed asset resolution and special situation mandates.

Explore
🍽️

HORECA Solutions

End-to-end FF&E, OS&E, kitchen equipment, linen and tableware procurement for hotels and F&B.

Explore

Our Proposition

The India Gully Difference

What separates us from other advisory firms is not just depth of expertise — it is the way we stay committed from mandate inception to final delivery.

01

India-Deep Expertise

Born in India. We understand local markets, regulations, culture and consumer behaviour at granular depth across Tier 1, 2 and 3 cities.

02

20+ Brand Relationships

Deep relationships with every major hotel brand. We know which brand fits which project and navigate negotiations with authority.

03

HORECA End-to-End

One of the few consultants who also procure and supply, giving clients a single accountable partner from strategy to FF&E delivery.

04

Execution-Led

We stay involved through implementation, not just advisory. Turnkey delivery and hands-on project management is our differentiator.

Hospitality Partners

Hotel Brands We
Work With

Active relationships with India's most prominent hotel brands — from global chains to homegrown operators. Including our exclusive partner Nile Hospitality.

Our Hospitality Practice
Marriott Bonvoy
Global Chain
Radisson Hotels
Global Chain
IHG Hotels & Resorts
Global Chain
Hyatt Hotels
Global Chain
Accor Hotels
Global Chain
Wyndham Hotels
Global Chain
Taj Hotels
Indian Luxury
ITC Hotels
Indian Luxury
The Leela Palaces
Indian Luxury
Oberoi Hotels
Indian Luxury
WelcomHeritage
Indian Luxury
Lemon Tree Hotels
Midscale
Sarovar Hotels
Midscale
Pride Hotels
Midscale
Fortune Hotels
Midscale
Cygnett Hotels
Midscale
Regenta by Royal Orchid
Midscale
Nile Hospitality
Midscale
Keys Hotels
Economy
Treebo Hotels
Economy
OYO Rooms
Economy

Retail Partners

Retail Brands We
Advise & Place

34+ active retail brand relationships — F&B, anchor stores, cinemas, fashion, accessories & electronics.

Our Retail Practice
McDonald's
F&B
KFC
F&B
Burger King
F&B
Subway
F&B
Starbucks
F&B
Domino's Pizza
F&B
Pizza Hut
F&B
Dunkin'
F&B
Barbeque Nation
F&B
Haldiram's
F&B
D-Mart
Anchor Retail
Reliance Retail
Anchor Retail
Spencer's Retail
Anchor Retail
More Retail
Anchor Retail
Lifestyle Stores
Anchor Retail
PVR INOX
Cinema
Cinépolis
Cinema
Miraj Cinemas
Cinema
H&M
Fashion & Apparel
Zara
Fashion & Apparel
Uniqlo
Fashion & Apparel
Marks & Spencer
Fashion & Apparel
Westside
Fashion & Apparel
Max Fashion
Fashion & Apparel
FabIndia
Fashion & Apparel
Manyavar
Fashion & Apparel
BIBA
Fashion & Apparel
Tanishq
Accessories & Beauty
Nykaa
Accessories & Beauty
Sephora
Accessories & Beauty
L'Oréal Paris
Accessories & Beauty
Croma
Electronics
Reliance Digital
Electronics
Samsung
Electronics
10 F&B
5 Anchor Retail
3 Cinema
9 Fashion & Apparel
4 Accessories & Beauty
3 Electronics

Knowledge & Research

Recent Insights

Advisory intelligence from India Gully's active deal pipeline — sector analysis, regulatory briefings, and market forecasts.

All Articles

Transaction Advisory

Our Advisory
Partners

India Gully collaborates with globally recognised advisory and consulting firms, bringing institutional credibility, financial rigour and sector depth to complex mandates.

Joint advisory with Ernst & Young on the ₹1,350+ Cr Entertainment City Limited divestment — India's largest entertainment real estate transaction.

Ernst & Young
EY
Ernst & Young
Transaction Advisory & Assurance
CBRE
CBRE
CBRE
Real Estate & Capital Markets
ANAROCK
ANAROCK
ANAROCK
Property Consultants
Pipara & Co LLP
PIPARA
Pipara & Co LLP
Chartered Accountants
Resurgent India
RESURGENT
Resurgent India
Investment Banking

Track Record

Mandates Executed.
Relationships Built.

View All Completed Works
🏆 Transaction Advisory
₹1,350+ Cr

Entertainment City Limited — Landmark Divestment

Joint Advisory with EY · Noida, UP

Served as Joint Transaction Advisors alongside EY for the 100% divestment of Entertainment City Limited. Managed end-to-end advisory for this landmark transaction — India's largest entertainment real estate deal.

🎡 Operational Revival
Pan-India

Worlds of Wonder — Post-COVID Re-opening

10-Acre Waterpark · Noida, UP

Orchestrated the strategic re-opening of India's premier waterpark following COVID-19 closure. Managed lease negotiations and operational revival for this 10-acre world-class attraction.

🍽️ Hospitality Leasing
42,000 Sq Ft

Khubani at Hyatt Andaz Delhi

42,000 Sq. Ft. Dining · New Delhi

Negotiated and executed leasing for a signature 27,000 + 15,000 Sq. Ft. premium restaurant space within the iconic Hyatt Andaz property in New Delhi.

🏛️ Asset Acquisition
₹65 Cr+

800 Sq. Yard Asset — Anand Lok, New Delhi

₹65 Cr+ Exit · South Delhi

Executed a strategic acquisition of a prime South Delhi property. Delivered an exceptional ₹65+ Crores exit within a 6-month turnaround — demonstrating superior deal structuring and market timing.

🍽️ HORECA Procurement
Pan-India

HORECA Supply — Mahindra Holidays & Resorts

Pan-India · Multiple Locations

Established strategic HORECA supply partnership with Mahindra Holidays & Resorts, one of India's largest leisure hospitality companies, across their pan-India resort network.

⚖️ Client-Side SPOC
₹500 Cr

Due Diligence — Adlabs Imagica for ECL

₹500 Cr Transaction · Maharashtra

Served as dedicated Client-Side SPOC for comprehensive due diligence in ECL's evaluation of Adlabs Imagica. Coordinated financial, legal and technical assessments for this landmark acquisition review.

Leadership

Steered by
Industry Veterans

Our leadership brings decades of combined experience across hospitality, real estate, retail and entertainment, having led marquee mandates for India's most prominent developers, hotel brands and institutional investors.

Meet the Full Team
Board & KMP
Three Directors. One Vision.
Building India's Premier Advisory Practice.
Arun K. Manikonda
Arun K. Manikonda
Managing Director
Director on Board & KMP
Founding MD with 20+ years across hospitality, real estate and entertainment. Former MD of Entertainment City Limited, Noida. Led ₹1,350 Cr+ joint advisory with EY — India's largest entertainment transaction.
Pavan K. Manikonda
Pavan K. Manikonda
Executive Director
Director on Board & KMP
Hospitality operations leader with 18+ years across hotel management, HORECA supply and brand on-boarding. Drives business development and operational delivery across India Gully's advisory verticals.
Amit Jhingan
Amit Jhingan
President, Real Estate
Key Managerial Personnel
Real Estate Vertical Head with 15+ years of pan-India experience. Specialist in retail leasing (1,40,000+ sq ft placed), commercial transactions and hospitality asset advisory across Delhi NCR and beyond.

Get in Touch

Ready to Work
With India Gully?

Whether you are a developer, investor, brand or operator — we bring the advisory depth, network and execution capability to deliver exceptional results.

+91 8988 988 988
info@indiagully.com
New Delhi, India